Quotes with Resistance & Support
Market Information

Accumulate Reliance Capital, target of Rs 690: P Lilladher

Posted on: May 5th, 2009 and is filed under Brokerage Recommendations.

Prabhudas Lilladher has maintained its accumulate rating on Reliance Capital with a target price of Rs 690 in its May 4, 2009 research report.

“Reliance Capital (RCFT) has delivered betterthan- expected results, mainly due to higher-than-expected gains in the proprietary investment book. Total Income/Revenue declined by 5.4% YoY, PBT by 25.1% YoY and PAT by 14.7% YoY. We expect most of RCFT’s business segments to report incrementally better performance in the quarters ahead. Broking, Asset Management and Life Insurance should do particularly well. We maintain ‘Accumulate’ rating on the stock, target of Rs 690,” says P Lilladher’s research report.

Tags: , , ,

Similar Posts:

Recent Posts

Seven of top-10 cos lose Rs 32,000 cr last week - In a volatile trade last week, when the Sensex soared to a seven-week high level of over 17,000 poin..
In Market News
Vishal Retail gets nod for strategic investor - Move to help it emerge from a Rs 735-crore debt pit. The crisis-ridden Vishal Retail chain today sai..
In Market News
NMDC FPO gets poor response - The follow-on public offer of NMDC, a navratna public sector undertaking, was fully subscribed on th..
In Market News
NMDC issue gets over pricing blues - After a sedate start yesterday, the follow-on public offer of NMDC saw interest reviving on the seco..
In Press Releases

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Hi CB what is the target for educomp? march end?...view more »
- by MGF
Status: Awaiting reply

Market Stats

  • Sensex
    17166.62
    +0.00
    [0.00%]
  • Nifty
    5137.00
    +3.60
    [+0.07%]
  • Dow Jones
    10624.69
    +12.85
    [+0.12%]
  • Nasdaq
    2367.66
    -0.80
    [-0.03%]
  • Dow Futures
    10630.00
    -5.00
    [-0.05%]
  • Nikkei 225
    10751.26
    +0.00
    [0.00%]
  • Hang Seng
    21209.74
    +0.00
    [0.00%]
  • Straits Times
    2881.36
    +0.00
    [0.00%]
  • Shanghai
    3013.41
    +0.00
    [0.00%]
  • FTSE 100
    5625.65
    +8.39
    [+0.15%]
  • CAC 40
    3927.40
    -1.55
    [-0.04%]

Search Our Archives

Latest Investment Idea

Recent Comments